Quote:
Originally Posted by dAvenue
Care to explain why there is not a chance in hell for this?
I could say the same thing about EV vehicles. They are more expensive to manufacture, cost more to the consumer, produce dismal sales figures and do not contribute to a company's profit margin. Electric vehicles certainly do not exist to make money. The only reason they exist is to satisfy government regulations that dictate a company's overall carbon emissions score; EV cars lower that score.
Without question, the vast majority of money is made from sale of gasoline vehicles. Based on that alone, I can safely say there isn't a snowball's chance in hell that combustion engines will be obsolete in 30 years. The market for EV is too small and the cost of producing them is too large.
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That may be true for today, but the more they sell and develop, the cheaper it will be to produce them. Eventually the manufacturing cost will be enough to make them comparable to gasoline powered cars.
Look at the PS3 for example. When it came out, it was $600. A lot of people said they weren't interested due to the high price tag. After a couple years of making them Sony was able to reduce the manufacturing cost and offer them at a lower price to the consumer. This boosted sales causing the cycle to repeat and Sony lowered the price again once they made it even cheaper to manufacture them. 5 years later, PS3's cost what like $150? That's 25% of what they cost when they came out just 5 years ago.